November 18, 2015

Padmanabhaswamy Temple Treasure: Worth $22 Billion


The story of finding a treasure box filled with money, gold, diamonds and other precious stones just seem to make sense after the Supreme Court ordered a panel to investigate what the underground vaults of a Hindu temple in Trivandrum, India had in them.
The vaults of the temple had not been opened in the past 150 years and the treasure is said to be lying in the basement of the temple for more than 500 years now.  

The treasure found in the vaults of Sree Padmanabha swamy temple in
Thiruvananthapuram is valued at $22 billion, making it the largest treasure ever found in India and possibly in the entire world as well. 

The treasure consisted of idols made out of gold and diamonds,  thousands of kilos of gold and diamonds and even silver ornaments.

According to sources, only one cellar was opened and two more cellars were to be opened in the coming days. After the other two cellars are opened it might just add more value to the existing $22 billion. According to various analysts the amount which was found lying in the cellars is almost three times the annual budget size of Kerala. 

As of now only the valuation of gold, diamonds and other gems, found in the trove are estimated. Experts who are valuing each and everything in the trove are yet to find out the value of antique and rare articles which were also found in the secret cellar.

The temple has six underground chambers and only two chambers are opened and investigated by officials. Many priceless articles like a gold sheaf weighing 500 kilos, a 36-kilo golden veil, an 18-foot gold chain weighing 10.5 kilos and quintals of gold granules and nuggets were also found as a part of the treasure. Apart from the above many other precious and antique articles like crowns and rare coins from many countries including France were also revealed.

After the estimated calculation and stunning discovery, the Sri Padmanabha Swamy Temple is now India’s richest Hindu temple bypassing  the Balaji temple at Tirupati which is known to have gold items and even raw gold with Rs 42,000 crore.

By Avinder Vij

With many thanks to Billionaires Newswire
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